I agree. There is no need for the CBI or any other post season tourney besides the big dance and the NIT. But if they can make $$ off it then I'm sure they'll continue with it.
I always thought the best way to revitalize the NIT would be to have it be like the NCAA tournament, but at the beginning of the season. Have some panel of "experts" rank the top 64 teams, and have them go at it for the first week of the season. Wherever you end up at the end is how the rankings start out at the beginning of the season.
O-live is reporting that sophomore PG Jahii Carson has a verbal committment for Oregon State. Of course his decision could change within 2 years but this would be awesome.